Ripple partner, Visalaunches a P2P payment service that provides instant international payments.
DeeMoney entered into a partnership with Ripple in March 2020. The partnership enables the Thai FinTech giant to use RippleNet to enable same-day payments for international payments within and outside of Thailand at a low cost. DeeMoney has become the second Ripple partner to make deals with payment companies in the past seven days. last Tuesday MoneyGram, partner of Ripple Frente Corretoralaunched its online remittance platform in Brazil in partnership with
Ripple Partner Collaborates with Visa for International Payments
Thai FinTech giant and Ripple partner DeeMoneyhas formed a partnership with Visa to integrate Visa Direct into its international payment platform.
The partnership will allow users to make nearly instant international payments to more than 170 countries in 160 currencies using only the recipient’s Visa card details. Visa says buyers will receive money within 30 minutes of the transaction, unlike traditional international payment methods that take days to reach buyers.
Although this service, which is expected to be launched in 2023, is promoted by XRP influencers, Ripple’s XRP LedgerLet’s point out that it uses Visa Direct, not the On-Demand Liquidity (ODL) service.